FJ Capital Management LLC reported 117 positions worth $729.17M for the quarter ended Jun 30, 2026, down 15.7% on the prior quarter. It opened 47 new positions, added to 29, trimmed 27 and exited 52. Its largest holding is Southern First Bancshares Inc at 7.5% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| BOH Bank Of Hawaii Corp | +312.7K | – | $25.48M | 3.49% |
| TFC Truist Financial Corp | +446.5K | – | $22.24M | 3.05% |
| UMBF Umb Financial Corp | +83.7K | +191.5% | $11.96M | 2.5% |
| CVBF Cvb Financial Corp | +443.9K | +52.1% | $10.01M | 4.01% |
| LPLA LPL Financial Holdings Inc. | +30.0K | – | $8.44M | 1.16% |
| WFC Wells Fargo & Company | +80.8K | – | $6.68M | 0.916% |
| FAF First American Financial Corp | +91.6K | – | $6.29M | 0.862% |
| SFST Southern First Bancshares Inc | +85.0K | +10.5% | $5.19M | 7.48% |
| NLY Annaly Capital Management Inc | +210.8K | +127.6% | $4.60M | 1.13% |
| SKY Champion Homes, Inc. | +50.3K | – | $4.44M | 0.608% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| HTB HomeTrust Bancshares, Inc. | -715.3K | -46.0% | $35.69M | 5.74% |
| EBC Eastern Bankshares, Inc. | -1.74M | -100.0% | $34.07M | Exited |
| SSB SouthState Bank Corp | -339.7K | -43.6% | $33.93M | 6.01% |
| RBB RBB Bancorp | -1.51M | -100.0% | $32.30M | Exited |
| BKU BankUnited, Inc. | -380.6K | -100.0% | $17.19M | Exited |
| ONB Old National Bancorp | -717.0K | -100.0% | $15.85M | Exited |
| SMBC Southern Missouri Bancorp, Inc. | -202.4K | -100.0% | $12.94M | Exited |
| INDB Independent Bank Corp | -165.7K | -100.0% | $12.46M | Exited |
| NTRS Northern Trust Corp | -79.0K | -100.0% | $11.03M | Exited |
| ABCB Ameris Bancorp | -108.5K | -80.4% | $9.79M | 0.327% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| BOH Bank Of Hawaii Corp | +312.7K | $25.48M | 3.49% |
| TFC Truist Financial Corp | +446.5K | $22.24M | 3.05% |
| LPLA LPL Financial Holdings Inc. | +30.0K | $8.44M | 1.16% |
| WFC Wells Fargo & Company | +80.8K | $6.68M | 0.916% |
| FAF First American Financial Corp | +91.6K | $6.29M | 0.862% |
| SKY Champion Homes, Inc. | +50.3K | $4.44M | 0.608% |
| MIAX Miami International Holdings, Inc. | +119.3K | $4.43M | 0.608% |
| MKTX Marketaxess Holdings Inc | +37.2K | $4.23M | 0.58% |
| CME Cme Group Inc. | +17.8K | $3.92M | 0.538% |
| ETOR eToro Group Ltd. | +73.1K | $2.88M | 0.396% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| EBC Eastern Bankshares, Inc. | -1.74M | $34.07M | 3.94% |
| RBB RBB Bancorp | -1.51M | $32.30M | 3.74% |
| BKU BankUnited, Inc. | -380.6K | $17.19M | 1.99% |
| ONB Old National Bancorp | -717.0K | $15.85M | 1.83% |
| SMBC Southern Missouri Bancorp, Inc. | -202.4K | $12.94M | 1.5% |
| INDB Independent Bank Corp | -165.7K | $12.46M | 1.44% |
| NTRS Northern Trust Corp | -79.0K | $11.03M | 1.28% |
| BAC Bank Of America Corp | -189.4K | $9.23M | 1.07% |
| MS Morgan Stanley | -56.1K | $9.23M | 1.07% |
| WSBC Wesbanco Inc | -243.8K | $8.41M | 0.973% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | SFST Southern First Bancshares Inc | Financial Services | 892.2K | $54.51M | 7.48% | +85.0K | +10.5% | Added | 9.42% |
| 2 | EQBK Equity Bancshares Inc | Financial Services | 961.5K | $47.10M | 6.46% | +40.4K | +4.4% | Added | 4.67% |
| 3 | NIC Nicolet Bankshares Inc | Financial Services | 277.2K | $45.85M | 6.29% | -29.1K | -9.5% | Reduced | 1.31% |
| 4 | SSB SouthState Bank Corp | Financial Services | 439.0K | $43.85M | 6.01% | -339.7K | -43.6% | Reduced | 0.45% |
| 5 | BCAL California BanCorp \ CA | Financial Services | 2.05M | $42.82M | 5.87% | 0 | 0.0% | Unchanged | 6.39% |
| 6 | HTB HomeTrust Bancshares, Inc. | Financial Services | 839.1K | $41.86M | 5.74% | -715.3K | -46.0% | Reduced | 5.02% |
| 7 | OSBC Old Second Bancorp Inc | Financial Services | 1.46M | $34.06M | 4.67% | -44.7K | -3.0% | Reduced | 2.85% |
| 8 | SBCF Seacoast Banking Corp Of Florida | Financial Services | 1.01M | $33.46M | 4.59% | +100.3K | +11.1% | Added | 1.04% |
| 9 | FRME First Merchants Corp | Financial Services | 711.4K | $31.08M | 4.26% | 0 | 0.0% | Unchanged | 1.14% |
| 10 | CVBF Cvb Financial Corp | Financial Services | 1.30M | $29.21M | 4.01% | +443.9K | +52.1% | Added | 0.73% |
| 11 | BOH Bank Of Hawaii Corp | Financial Services | 312.7K | $25.48M | 3.49% | +312.7K | – | New | 0.79% |
| 12 | HBNC Horizon Bancorp Inc | Financial Services | 1.25M | $24.91M | 3.42% | -44.7K | -3.5% | Reduced | 2.43% |
| 13 | HBAN Huntington Bancshares Inc | Financial Services | 1.36M | $24.18M | 3.32% | +247.2K | +22.1% | Added | 0.07% |
| 14 | TFC Truist Financial Corp | Financial Services | 446.5K | $22.24M | 3.05% | +446.5K | – | New | 0.04% |
| 15 | UMBF Umb Financial Corp | Financial Services | 127.5K | $18.20M | 2.5% | +83.7K | +191.5% | Added | 0.17% |
Tip. Select a row to see that position’s full history at FJ Capital Management.
As of its Q2 2026 13F filing, FJ Capital Management LLC’s five largest positions were Southern First Bancshares Inc (SFST) at 7.5%, Equity Bancshares Inc (EQBK) at 6.5%, Nicolet Bankshares Inc (NIC) at 6.3%, SouthState Bank Corp (SSB) at 6.0%, California BanCorp \ CA (BCAL) at 5.9% of the reported portfolio.
FJ Capital Management LLC reported a 13F portfolio worth $729.17M across 117 positions for Q2 2026. That is down 15.7% from the previous quarter.
Its largest purchases by value were Bank Of Hawaii Corp ($25.48M), Truist Financial Corp ($22.24M), Umb Financial Corp ($11.96M). It opened 47 new positions.
Its largest sales by value were HomeTrust Bancshares, Inc. ($35.69M), Eastern Bankshares, Inc. ($34.07M), SouthState Bank Corp ($33.93M). It exited 52 positions entirely.
From the Form 13F-HR reports FJ Capital Management LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.